MUMBAI (Reuters) - HSBC's Indian mutual fund unit head of equities, Mihir Vora, has resigned, a top official said on Thursday.
"He has put in his papers but he is still with us for some time to ensure that there is smooth transition," Vikramaaditya, chief executive of HSBC Asset Management (India) Pvt Ltd, told Reuters. The firm was yet to decide on a replacement, he added. Vora could not be reached immediately for his comments. Last month, the fund house lost its head of fixed income Shailendra Jhingan to ICICI (ICICIBANK.NS <http://in.finance.yahoo.com/q?s=ICICIBANK.NS> : 416.3 +8.25) Securities, while Pioneer Global, the fund arm of Italy's bank UniCredit, hired HSBC fund manger Alok Sahoo as head of fixed income earlier this month. HSBC Asset Management, which had an average assets under management of about 101 billion rupees in December, has promoted Suyash Choudhary as fixed income head. http://in.biz.yahoo.com/090129/137/6zdr4.html -- Those who work at a thing heart and soul not only achieve success in it but through their absorption in that they also realize the supreme truth—Brahman. Those who work at a thing with their whole heart receive help from God. Swami Vivekananda --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
